Nielsen, Søren Bo; Raimondos-Møller, Pascalis; … - In: European Economic Review 54 (2010) 1, pp. 121-132
It is observed in the real world that taxes matter for location decisions and that multinationals shift profits by transfer pricing. The US and Canada use so-called formula apportionment (FA) to tax corporate income, and the EU is debating a switch from separate accounting (SA) to FA. This paper...
